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Long Beach Press Telegram in Long Beach, California

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Long Beach Press Telegram

Location

Long Beach, California, United States of America

Date

Mar 04, 1948

Page

13

Oil Field Weekly Production Snapshot and Wells

Reports show crude output rising with No 46 bringing new total to 3,387,125 barrels monthly. Refining activity and new wells push daily averages, with Continental, American Petro, Jergins Oil, and Galaxy noted. Drilling targets include No 9, No 2 at Monterey, and No ST at Bear Beach.

American Petro Feenter Spring St Jeum Institute Weslange Ring of Co Wilmington Copa Lakme Sts San Aydo Monterey Country Increrse Continental Oil Co Belltower Bear Beach Livi Signal HO Gye No. ST

Shortages Vanish as Prices Fall Across Industries

Market roundup reports shortages easing with widespread price cuts. Notable moves include Wharf Electric cutting refrigerator prices 7 percent, General Electric 3 to 10 percent reductions, and falling dress and shoe costs. Production cuts loom as prewar patterns resurface, with layoffs, factory pullbacks, and shifting consumer demand signaling a slower postwar recovery.

New York Wortinghouse Electric Corp Slo Génear Electric Council Irene kRow Gonayorr Voney Philco. Cory Levine Philadelphia Ra Bio Division

Building Permits Dry Up Amidst Mixed Notices

Fragmented OCR reads show building permit and architecture notes with street names and dates, referencing Meaden, Ave, 3130, and Olive Ave. Mentions of agencies, approvals, and project details are incomplete, yielding a terse, partial public notice style typical of a city posting.

Market Glance amid London Stocks</T:

Market snapshot notes misread phrases and scattered terms from London stocks and prices. The fragmentary text references service charges, prices, and various financial terms, though specifics are unclear due to OCR corruption.

Stocks, Markets, and Economic Notices Across NYSE Snippets

A dense OCR roll of NYSE transactions and market chatter cites varied tickers, prices, and company names. It weaves through broker notes, economic cues, and investor hints, with mentions of individuals, firms, and locations amid a tangle of figures and identifiers.

Dow Jones Averages Report Mixed Early Trading

Markets opened with uneven moves as investors weighed earnings, inflation data, and policy signals. Major indices showed small gains and losses amid cautious trading, with analysts noting mixed sector performance and potential volatility ahead.

Nash to Open Plant in El Segundo

Nash Motors plans to open an assembly plant in El Segundo to serve Arizona Nevada Washington Oregon and California. Officials stated the plant will employ about 2500 workers and start operation within months amid a regional expansion.

Nash el Segundo San Francisco Nash Motors

Realty and Building: Costs Hit Construction Industry

Reported by Dowit L. Lee after the Chicago National Association of Home Builders convention, industry leaders pressed for lower costs and public financing reforms. Lee cited Southern California, especially Los Angeles County, as offering the best value with the public dollar, and urged long-term financing and a mortgage market shift to spur mass housing production. A Lakeway building under construction near Lakewood and Carson Birds was noted, with May completion anticipated. delegates highlighted costs and transportation as major factors shaping the market.

Dowitl R. Lee Chicago National Association of Home Builders Lee Wildsford Hiiders Aystry Avor Souther Los Angeios United Ball Home Buikders Association Wiliam HH Evang Lloyd Whaley Institute Elisa Fronia Marcel

State Tops Gains in Realty Loans

Federal Reserve weekly data show that more than half of real estate loans originate from lending in the far West. The seven states Arizona, California, Idaho, Nevada, Oregon, Utah, and Washington form the 12th district, with California recording the sharpest rise.

San Francisco Federal Reserve Petar Western Atatex Feder Reserve System Far West Arizona California Idaho Nevis Oregon Utah Washington

Also Mentioned on This Page

Business Mirror Sam Dawson Yorks City Feport Rletke Vatume Atic Jane Maritime Commission Audh L, S Dorncetl Opentin Ovine Cigar Institute of America Jain Bohm Senwall Smetkiahel Emery Tyee Bezlogy Saninihey London Enmauy Wooley Nile Elie Pei Jean Ction Toni Rain Tad Ui Saniwad Siti Los Angeles Los aNomnun Aaron Ana Euler Anianie New York Stock Exchange Stare Uae Sahel Ieee CARR Laaedtneré Eygleane Vale Muatan Siena Nicaea Erma Peller Billy Brien MO Weld Stein Itkmeer Baneor Slic Caglainy Rilreene Luton Ance Wren Bolianbeaey Watt Penieihane Maral Byers Bo Aly Wits Eheliath É Ty Avin Ph Pepe Arai Yeaa Counter Securities Sing Zinn Bela Nulodts. Inc Sie Fares Teun Serafina Ted Jay Heine Ahan Sacita Dave Ae Ame Dinddey Iran Grinnell Corp Teancark Trend Bs $ Bey A Itusher Jonnkiy Aden Atlas Waeecenmans Mori Marth MATER JaUbetunsia Anina Janan Armin Armin Artven Ianeas Ziy Ag Aenea Bale Rumen Ns Bso Mans Ie Enim Jere Sverre Anata Treasury Report Soton Sean Sreeapelline Jane Abri Asai Iewray Sanaa Jbl Praia DOW, Jones Ag Anquerriats Seatton Ibad Leon Laval Saget Ona Prem B.nyen Macatee Lay Santina Poe Teobougtninn Lowe Celuy Petri Nnalis By Everet Y Purcell Mitch Otis United Corp St Louis Southern Pacifie Creat Northern Relay Vilnois Central Grodyear U. Rubber Ceneral Motors U> 9, Steel Sears Borbugh Interna Tional Harvester J. I. Case Boring Unio Eastern Kodak U. S Lst Colton Marvin Power Jumbje O Central & Saour West Corp Kalvot Frazer American Citron Power Tradlea Cen E Bayes Lowe Omar Jax Hawt Ginna Meloneg Iit Nvestraantay Masonic Hesels Wits Ronde
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